268 Pickard StKalamazooMI49048
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kalamazoo at 268 Pickard St, Kalamazoo, MI, 49048 at $155,000 posts ROI 29.94% with $430/mo cash flow from $1,452/mo rent. Total monthly income equals $1,452/mo, and annual cash flow records $5,154/yr on $51,383 to close. Return on cash invested measures 29.94% and rental yield reads 11.24% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 157.2% and total cumulative return in cash totals $80,776.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,452/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49048, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,282 (100%) |
| Owner Occupied HU | 6,937 (61.5%) |
| Renter Occupied HU | 3,728 (33.0%) |
| Vacant Housing Units | 617 ( 5.5%) |
| Median Home Value | $196,504 |
| Average Home Value | $286,257 |
Housing Distribution
Address Breakdown
Residential
10,732
Single Family
8,772
Multi-Family
1,960
Businesses
638
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